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FOX
Dec 26, 2012 4:00am PST
- higher taxes? that's one of many things that will be chaning. gail marks jarvis is a personal finance columnist. she's also the author of "saving for retirement without living like a pauper or winning the lottery." and you expect kind of across-the-board tax increases at some point for everyone. > > right. it might not happen early in the year, we will have to see. i expect congress and the president are still going to be fighting about what our taxes are going to be early in the year. but eventually, maybe late traders head back to a post- holiday trading session. what's in store for the shortened week. in today's cover story, minimum wage is on the rise. the effect on the labor market. plus, scammers have been naughty this holiday season. why checking your credit card statement is a nice idea. the financial pitfalls that could put a snag in your savings in 2013. and, bad business blunders. how corporations this year are attempting to recover reputations. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. i
FOX
Dec 27, 2012 4:00am PST
and $2500 increase in taxes next year, it is going to change their behavior, just like it changed company behaviors when you saw them accelerate their dividends. so, when the government goes and changes behavior, it is going to affect things like retail sales. > quickly mark, the oil market. how is it being affected? > > we saw a kind of terrorist thing go on in the united arab emirates, and that is what drove up oil today. however, i think that's a short-lived rally. with oil above $90, i think it is a short here. you have fewer people driving, fewer people spending. that is bad for oil. > very good. mark sebastian of option pit. thanks very much. thank you. paul eggers joins us in the studio today. paul? thanks chuck. good to be here. meantime in washington, though tax rates on the really rich may be getting all the attention, if there is no fix to an obscure corner of the tax code, millions of middle class americans will pay thousands more to uncle sam. the alternative minimum tax, or amt, is typically paid by just 4 million americans, but no action in washington would mean an addition
KICU
Dec 31, 2012 4:00am PST
're not thinking money after taxes or anything realistic, you're just thinking, 'i'm going to get a windfall of cash and this is going to be amazing!'" "it's not a new story for tech employees to have their options underwater. it's just kinda the breaks." in his book "groupon's biggest deal ever," frank sennett details how founding partners like eric levkofsky cashed out some of their shares before groupon's ipo, pocketing hundreds of millions of dollars in the process. "they're the early-stage founders, they're the ones driving the bus. and there are all sorts of lessons that life isn't fair and that's one of them." though the rank and file still holding shares do have at least some hope for some kind of bonus. 'you know, at this point, you may have lost 66%, maybe 75%. is there a chance you're going to lose that extra 25%? yes there is, but it needs to go down another 100% from here.' knispel has pretty much cashed out 'i didn't get to buy a plane or a boat or anything' and bowman has moved on as well. 'i did have the cash to rebuild the garage for my house because it was falling apart. no
Search Results 0 to 2 of about 3